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The Red Sea Crisis Seriously Affects International Trade: Freight Rates Double, Detour Costs Increase
The Red Sea Crisis has a profound impact on international trade. The freight rate has doubled directly, the voyage cost around the Cape of Good Hope has increased by about 30%, the spot freight rate of the Asia - Europe route has increased significantly in the short term, and it may damage international trade in the long term.
December 20, 2024, 03: 22
Analyze the newly released electric bicycle helmet specification CEN/TS17946: 2023 in the EU, understand its requirements, test methods, and the impact on the industry and consumers.
Analysis of New Regulations on Import Exemptions for Five Types of Chemical Substances in the Philippines
Analyze the new draft released by the Philippine Environmental Management Bureau regarding the exemption of import and production declarations for five types of chemical substances, and understand how enterprises can use these new regulations to reduce compliance costs.
Bulgaria decides to ban the export of Russian oil - processed fuels in response to the EU embargo policy.
The Bulgarian Parliament voted to ban the export of fuels made from Russian oil and the processing of Russian oil starting from 2024, in response to the EUs embargo on Russian oil.
Global Shipping Giant MSC Suspends Navigation in the Suez Canal | Shanghai Import/Export Agent
The investment of six major Japanese semiconductor manufacturing equipment companies is expected to reach 547 billion yen in the 2023 fiscal year, 1.7 times higher than five years ago, demonstrating Japans competitiveness in the global semiconductor equipment manufacturing field and the growth of market demand.
Global shipping giant MSC suspends voyages through the Suez Canal
MSC Suspends the Use of the Suez Canal in Response to Houthi Attacks on Red Sea Shipping. Global Shipping Faces New Geopolitical Challenges.
EU Packaging and Packaging Waste Regulation Coming into Effect: New Rules Businesses Must Know
In-depth analysis of the EUs upcoming legislation, the Packaging and Packaging Waste Regulation (PPWR), exploring its impact on corporate packaging regulatory standards and response strategies.
The EU Strengthens the Energy Performance of Buildings Directive: Requires New Buildings to Install Solar Energy
EU Reaches New Agreement to Strengthen the Energy Performance of Buildings Directive, Mandating Solar Readiness for All New Buildings to Enhance Energy Performance and Support Renewable Energy Development
Anti - dumping investigation by Chile on Chinese steel bars and steel grinding balls
In - depth analysis of Chiles anti - dumping investigation on Chinese steel bars and steel grinding balls, including the investigation background, involved tax numbers, and information on the investigation authorities, providing key guidance for Chinese exporters and Chilean importers.
Investment in Japans Semiconductor Manufacturing Equipment Industry Increases Significantly. It is Expected to Reach 547 billion yen in the Fiscal Year 2023.
Recently, Germany and the European Public Prosecutors Office (EPPO) jointly uncovered a criminal organization involved in customs duty and import VAT fraud worth up to €200 million, highlighting the importance of international law enforcement cooperation.
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